Based on the latest analysis and trends, today's market is expected to be bearish.
Crypto analysts note that Bitcoin's price may remain in its current range for "a little bit longer," suggesting a lack of momentum in the short term. Additionally, some traders predict further downside, with potential lows in the $40,000 range.
While the long-term outlook is bullish, with a potential breakout expected in October or November, today's market sentiment is cautious. Traders are advised to be prepared for a potentially choppy and bearish day.
$BTC